Thursday, 18 November 2010

The maximum limit of investment in a public issue of shares doubled.

SEBI (Securities and Exchange Board of India) allowed individual investors to invest up to Rs. 200,000 in any company’s Initial Public Offer (IPO) of shares. Earlier the limit was Rs. 100,000. The limit has been exactly doubled. This may lead to invest more in good quality shares of good companies by the retail investors.

The recently introduced ASBA (Application Supported by Blocked amount) process also a good movement for retail investors. Now SEBI enhanced the investment limit also. So it is more convenient for individual investors to invest more in IPO without losing interest. As per ASBA process the money up to the extent you have applied will be blocked in your bank account till the allotment is made and only when the allotment is made for your they will withdraw the money enough to satisfy the allotment.

It is good to know that SEBI makes investment more convenient and it become more investor friendly. They are doing very much to protect investors’ hard-earned money. Hope that the above mentioned changes affect the market more effectively.

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  1. [...] 293.The issue size is 1.024 to 1.079 crores of shares which amount to approximately Rs. 300 crores. Minimum Number of shares to be applied is 22 and the shares will be listed in Bombay Stock [...]

  2. i want ful information about ipo also the procedure please send me the answer to my mail id

  3. Just read furthur posts. You may be aware that IPO is Intial Public offering of the shares of a compnay. Whe a company issues fresh shares to public is IPO. IPO can be purchased directly and the sahres will be listed in stock exchanges after IPO. You can buy or sell shares form the stock exchange after listing it in stock exchanges.